The global future of batteries market is projected to grow from 16 million units in 2024 to 62 million units by 2035, at a CAGR of 12.7%. The growing consciousness among consumers regarding environmental issues and their preference for eco-friendly modes of transportation is propelling …
The global sensor fusion market for automotive is projected to grow from USD 0.3 billion in 2023 to USD 3.3 billion by 2030, registering a CAGR of 42.4%. With technological advancements, increasing safety demand, and supportive government regulations, vehicles with sensor fusion have gained significant …
The global electric light commercial vehicle market size is projected to grow from 333.6 thousand units in 2022 to 3,919.3 thousand units by 2030, at a CAGR of 36.1%. Factors such as rising demand for low-emission commuting and government subsidies and tax breaks for zero-emission …
The Automotive Lighting market worldwide size was valued at USD 22.5 billion in 2023 and is expected to reach USD 30.4 billion by 2030, at a CAGR of 4.4%. Automotive Lighting is undergoing a transformative evolution driven by technological advancement, increasing safety concerns among car users, and …
The global EV connector market is projected to grow from USD 2.0 billion in 2023 to USD 10.9 billion by 2030, registering a CAGR of 27.1%. Increased awareness about environmental concerns and the desire for sustainable transportation options are driving consumer interest in electric vehicles. …
The automotive telematics market is projected to grow from USD 9.0 Billion in 2024 to USD 16.1 Billion by 2030, at a CAGR of 10.1%. This growth is attributed to the increased vehicle production with enhanced safety features like eCall in Europe, and other countries …
The global V2X cybersecurity market was valued at USD 43 million in 2023 and is expected to reach USD 778 million by 2030 and grow at a CAGR of 51.3% over the forecast period. The growth of the V2X cybersecurity market is driven by a …
The global air brake system market size was valued at USD 3.1 billion in 2023 and is expected to reach USD 3.4 billion by 2028, at a CAGR of 2.2% during the forecast period 2023-2028. The air brake system market is expected to grow due …
The electric motors market in the U.S. is a thriving sector within the global market that is expected to grow at a significant growth rate due to the rising demand for energy-efficient motors across diverse industries such as Industrial, Commercial, Residential, Agriculture, and Transportation. Among …
The automotive safety system market is estimated to be USD 82.80 Billion in 2017 and is projected to reach 169.46 billion by 2025, at a CAGR of 9.36%. The market is principally driven by increasing demand for a safe, efficient, and convenient driving experience and …
The integrated vehicle health management market is projected to grow at a CAGR of 12.0% during the forecast period, to reach USD 28.0 billion by 2027 from an estimated USD 11.3 billion in 2019. Diagnostics segment, by health management type, is estimated to hold the …
The diesel exhaust fluid market size was valued at USD 34.4 billion in 2022 and is expected to reach USD 50.0 billion by 2027, at a CAGR of 7.8% during the forecast period 2022-2027. Stringent emission regulations leading to increased penetration of diesel SCR vehicles …
The global vehicle for disabled market is projected to grow from USD 2.6 billion in 2019 to reach USD 6.3 billion by 2027, at a CAGR of 11.7%. The growth of vehicles for disabled market is influenced by factors such as the growing population of …
The global automotive conformal coatings market post-COVID-19 is projected to reach USD 2.7 billion by 2025 from USD 1.8 billion in 2020, at a CAGR of 8.7%. The growth of this market is primarily driven by the increasing automotive electronics in vehicles and various technological …